Super opportunity to own this highly successful pizzeria business in a wonderful area of Connecticut, New Haven County. The owner is now retiring from this industry and family are relocating out of state and will train and finance this profitable restaurant retail food operation.
This restaurant has a seating capacity for sixty (60) customers with a great deal of room to expand. The majority of the income, approximately 70%, represents customer pickup and delivery.
This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
The business fixed assets have an estimated value of approximately $125,000 which is based on the replacement cost, representing equipment, licensing, etc. The accurate value of the assets will be calculated during the allocation period.
This transaction consists of a fully equipped commercial retail operation, which includes, required municipal & state licenses, web site, social media venues, full commercial kitchen, shelving, POS system, tables, computer, software including all the necessary equipment to maintain the daily business operation and a list of assets will be supplied to purchaser upon request.
The 2023 yearly gross income as represented by the owner is estimated at $852,940 and the business has a yearly net income of approximately $150, plus based on an onsite owner operator which includes any seller discretionary income and prior to any debt service.
The 2024 income is expected to be greater to the previous year and formal due diligence is recommended by broker.
